Open Banking PlatformActiveEst. 2019

Stitch Money (Pty) Ltd

ZA · Cape Town · South African Reserve Bank / PASA

Stitch Money (Pty) Ltd is an Open Banking Platform based in ZA (Cape Town), regulated by South African Reserve Bank / PASA. The institution operates an active Banking-as-a-Service program, launched in 2019.

Stitch Money (Pty) Ltd supports the following products and services: Payments, Payment Orchestration, Open Banking, Crypto. The bank serves customers across South Africa.

Notable fintech partners include MTN, MultiChoice, The Foschini Group, Yoco, Capitec, Nedbank.

Profile
Products Supported
PaymentsPayment OrchestrationOpen BankingCrypto
Geographies Served
South Africa
Charter / Regulator
South African Reserve Bank / PASA
API Standards
REST API
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2019
Notable Fintech Partners

MTN, MultiChoice, The Foschini Group, Yoco, Capitec, Nedbank

Regulatory Actions Summary

None confirmed active

Notes

South Africa's leading enterprise payment gateway offering pay-by-bank, card payments, digital wallets, payouts, and payment orchestration. Founded in 2019 by Kiaan Pillay. Raised $101M+ total from Ribbit Capital, PayPal Ventures, and CRE Ventures.

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